In Q2 2026, Unitil Corporation completed key acquisitions expanding its natural gas distribution footprint in New Hampshire, financed through an amended credit facility. The company operates a highly regulated electric and natural gas utility business with stable, largely volume-decoupled revenues from a diverse customer base. Unitil’s investments in infrastructure modernization underpin rate base growth potential amid regulatory oversight. However, regulatory changes and increased leverage raise caution on medium-term operational and financial flexibility.